Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported.» Read More
Considering the Dow soared by triple digits after GM declared bankruptcy, traders want to know if this is the bottom for the US economy?
Gotham Dream Cars offers a range of products, from exotic rentals and club memberships, to the increasingly popular "Dream Car" tours. Here's how this lucrative, high-end business operates.
When American consumers stop buying, companies around the world suffer — even those that do little business in the United States, the New York Times reported.
Cramer is outraged. This morning, a piece at the Wall Street Journal lauded Cerberus, the private-equity firm that owns Chrysler and even called it a hero. "Excuse me?" questions Cramer querulously. In his mind, Cerberus is hardly a hero and definitely doesn't deserve praise for "risking" its capital in buying Chrysler last year -- especially now that the troubled car manufacturer is seeking government bailout money.
If any ties to the former Nazi Germany are unacceptable, I assume the following organizations are also off the table: Deutsche Bank, IBM, Volkswagon, BMW, Mercedes Benz, Siemens and BASF.
Honda Motor posted a surprise 8 percent increase in quarterly net profit after it raised car prices and cut costs, helping it overcome a stronger yen, crumbling U.S. auto market and higher commodity prices.
This week we could finally hear the location where Volkswagen plans to open a new assembly plant here in North America. Huntsville, Alabama is considered to be the favorite, but the fact is the only location that really matter is North America.
German sports car maker Porsche will not seek to raise its Volkswagen stake to 75 percent, it said on Monday, noting talk of such a move "overlooks the realities in VW's shareholder structure".
Volkswagen aims to more than triple annual car sales in the United States to more than 1 million a year by 2018, according to the Wall Street Journal on Monday, citing VW's top U.S. executive.
The 2008 Beijing Olympics present an unparalleled marketing opportunity for global brands looking to expand their presence in the dynamic Chinese market.
For General Motors, this is pretty darn good. No, let me amend that. This is really good. The automaker has three cars listed on Car and Driver's best of 2008. It's the only domestic automaker to get a car on the list. And most importantly, the new Chevy Malibu is among the 10 best according to Car and Driver.
Germany's two-trillion-dollar economy emerged from a long period of stagnation last year to post a 2.2% growth rate, cutting unemployment to about 7%. The last two decades have been dominated by the modernization and integration of the economy of the former East Germany, a costly, long-term process.
The European Court of Justice ruled illegal on Tuesday a German law that shields car maker Volkswagen from foreign takeovers.
BMW, the world's largest premium carmaker, aims to sell significantly more than 2 million vehicles a year by the end of the next decade and earn up to a 10% return on sales before interest and tax at its core automotive division by 2012.
DaimlerChrysler said Tuesday that a program launched in 2005 to restore the luster of the company's Mercedes Car Group has worked so well that it's being ended ahead of schedule.
European car sales zoomed ahead in July and August after slow sales most of the year in major car-buying nations, netting strong results for BMW, DaimlerChrysler, Fiat and General Motors.
In a bid to add more prestige to what it already has, the Italian maker of super luxury sports car unveiled the Reventon at Frankfurt's international autoshow, a very limited editioncar that looks more like an arrow than anything on four wheels.
CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and marvels at Porsche's decision to make a hybrid SUV.
Luxury automakers BMW, Audi and Mercedes reported healthy sales increases for August on Friday, with demand from Asia and the U.S. driving gains but with mixed results in their home markets.
U.S. computer company Apple and German automaker Volkswagen are discussing the possibility of building an "iCar" that would feature products by the producer of the ubiquitous iPod personal music player.